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39 <br />a.towards any recovery expenses incurred by us; <br />b.then to us up to the amount of our payment under this Policy, including costs and <br />expenses; <br />c.then to you as recovery of your deductible. <br />17.Prior subsidiaries <br />Should an entity cease to be a subsidiary after the inception date, cover in respect of the <br />entity will continue as if it was still a subsidiary during the period of the policy, but only in <br />respect of an act, error, omission or event occurring prior to the date that it ceased to be a <br />subsidiary. <br />18.Process for paying privacy breach notification costs <br />Any privacy breach notification transmitted by you or on your behalf must be done with our <br />prior written consent. We will ensure that notification is compliant with any legal or <br />regulatory requirements and contractual obligations. No offer must be made for financial <br />incentives, gifts, coupons, credits or services unless with our prior written consent which will <br />only be provided if the offer is commensurate with the risk of harm. <br />We will not be liable for any portion of the costs you incur under INSURING CLAUSE 3 <br />(SECTION E only) that exceed the costs that you would have incurred had you gained our <br />prior written consent. In the absence of our prior written consent we will only be liable to pay <br />you the equivalent cost of a notification made using the most cost effective means <br />permissible under the governing law. <br />19.Waiver of subrogation <br />Notwithstanding CONDITION 16, we agree to waive our rights of recovery against any third <br />party if, prior to the claim or incident which you reasonably expected to give rise to a claim, <br />you entered into a contract that contains a provision requiring you to do this. <br />20.Sanctions suspension <br />It is a condition under this Policy that the provision of cover, the payment of any claim and the <br />provision of any benefit will be suspended, to the extent that the provision of the cover, <br />payment of the claim or provision of the benefit would expose us to any sanction, prohibition <br />or restriction under the United Nations resolutions or the trade or economic sanctions, laws or <br />regulations of Australia, Canada, the European Union, United Kingdom or United States of <br />America. The suspension will continue until such time we would no longer be exposed to the <br />sanction, prohibition or restriction. <br />21.Choice of law, jurisdiction and service of suit <br />In the event of a dispute between you and us regarding this Policy, the dispute will be <br />governed by the laws of the State of the United States of America shown as the choice of law <br />CFC Underwriting Limited is Authorized and Regulated by the Financial Conduct Authority <br />Technology v4.1 <br />©1999-2024 CFC Underwriting Ltd, All Rights Reserved <br />